Latest News:  
Beijing   Sunny/Cloudy    15 / 5 ℃  City Forecast

English>>China Business

China's AVIC investing big in engine research

(Xinhua)

08:57, November 15, 2012

ZHUHAI, Nov. 14 (Xinhua) -- Aviation Industry Corp. of China (AVIC), the country's largest state-owned aircraft producer, is to invest 10 billion yuan (1.58 billion U.S. dollars) in engine research and development, according to an announcement on Wednesday.

Zhang Jian, vice president of AVIC Aviation Engine Holding Company Ltd, said the company had launched a special program in engine research and development in order to catch up with advanced international levels.

"We estimate the accumulative investment nationwide in the short run will surpass 100 billion yuan (15.8 billion U.S. dollars)," Zhang revealed at the ongoing China International Aviation & Aerospace Exhibition in Zhuhai, Guangdong Province.


【1】 【2】



We recommend:

A Decade of Fastest Development

Eastern Boom Lightens Western Gloom

Oct. data released, inflation slows

Gold collection issued to mark 'Year of Snake'

China: A Fast-growing Force in IPR

13th Int'l Automobile Industry Exhibition

China Int'l Industry Fair opens in Shanghai

Caofeidian coal wharf put into use

Canton Fair wraps up on Sunday



Email|Print|Comments(Editor:李倩、马茜)

Leave your comment0 comments

  1. Name

  

Selections for you


  1. China’s J-10 fighters give performances

  2. Daily Review of Airshow China

  3. Sky-gazers gather in N. Australia

  4. 'Gangnam style' life of young rich

  5. Luxurious antique style vessel with 5D cinema

  6. Galaxy Soho building in Beijing

  7. Golden spots for viewing autumn

  8. Giant puppet play pranks with you

Most Popular

Opinions

  1. Bell Helicopter identifies China as strongest market
  2. RQFII quota expansion to bolster stock market
  3. IPR pirates face tougher prison terms
  4. Why 'Diaosi' gets so popular in China
  5. Reliance on investment should be reduced
  6. Live and let learn
  7. Coddled kids in need of tougher sports
  8. Commentary: Turning point for growth
  9. Airline outlook: Less turbulence, more profit
  10. Playing well with concepts can influence world

What’s happening in China

'Gangnam style' life of young rich in Chongqing

  1. Red Cross to increase transparency over donation
  2. Animals have fun in snow in Changchun
  3. People shun AIDS prevention campaigners
  4. Sexologist calls for dating facilities on campus
  5. Duck snack subway station leaves a bitter taste